JO LEONA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JO LEONA
Largest movements
- Receivables within one year -€7,205
down €7,205 (-19.1%), from €37,641 to €30,436
of which Trade receivables: -€10,246
- Tangible fixed assets -€3,826
down €3,826 (-25.7%), from €14,882 to €11,056
of which Furniture and vehicles: -€3,625
- Cash -€3,397
down €3,397 (-82.7%), from €4,109 to €713
mainly Tax, wage and social debts (-€6,743) and Debts after one year (-€4,862)
- Deferred charges and accrued income +€914
up €914 (+88.4%), from €1,033 to €1,947
- Tax, wage and social debts -€6,743
down €6,743 (-43.9%), from €15,355 to €8,612
- Other debts +€5,000
up €5,000 (+600%), from €833 to €5,833
- Debts after one year -€4,862
down €4,862 (-74.4%), from €6,533 to €1,672
- Trade debts -€3,450
down €3,450 (-32.7%), from €10,536 to €7,086
- Current portion of long-term debt -€2,568
down €2,568 (-34.6%), from €7,430 to €4,862
- Gross operating margin -€16,567
down €16,567 (-74.8%), from €22,137 to €5,570
- Taxes -€3,189
down €3,189 (-68.0%), from €4,691 to €1,502
- Other operating charges -€1,001
down €1,001 (-53.0%), from €1,887 to €886
- Financial income +€808
up €808 (+75.3%), from €1,073 to €1,882
- Depreciation +€453
up €453 (+11.6%), from €3,910 to €4,364
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,666 | €44,152 | -€13,514 | -23.4% |
| Fixed assets | 21/28 | €14,882 | €11,056 | -€3,826 | -25.7% |
| Tangible fixed assets | 22/27 | €14,882 | €11,056 | -€3,826 | -25.7% |
| Land and buildings | 22 | €2,992 | €2,670 | -€322 | -10.8% |
| Plant, machinery and equipment | 23 | €1,014 | €1,136 | +€121 | +11.9% |
| Furniture and vehicles | 24 | €10,875 | €7,250 | -€3,625 | -33.3% |
| Current assets | 29/58 | €42,784 | €33,096 | -€9,688 | -22.6% |
| Amounts receivable within one year | 40/41 | €37,641 | €30,436 | -€7,205 | -19.1% |
| Trade receivables | 40 | €14,468 | €4,222 | -€10,246 | -70.8% |
| Other amounts receivable | 41 | €23,173 | €26,215 | +€3,042 | +13.1% |
| Cash at bank and in hand | 54/58 | €4,109 | €713 | -€3,397 | -82.7% |
| Deferred charges and accrued income | 490/1 | €1,033 | €1,947 | +€914 | +88.4% |
| Total equity and liabilities | 10/49 | €57,666 | €44,152 | -€13,514 | -23.4% |
| Equity | 10/15 | €15,828 | €15,810 | -€18 | -0.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,828 | €10,810 | -€18 | -0.2% |
| Distributable reserves | 133 | €10,828 | €10,810 | -€18 | -0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,838 | €28,342 | -€13,496 | -32.3% |
| Amounts payable after more than one year | 17 | €6,533 | €1,672 | -€4,862 | -74.4% |
| Financial debts | 170/4 | €6,533 | €1,672 | -€4,862 | -74.4% |
| Amounts payable within one year | 42/48 | €34,154 | €26,392 | -€7,762 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €7,430 | €4,862 | -€2,568 | -34.6% |
| Trade debts | 44 | €10,536 | €7,086 | -€3,450 | -32.7% |
| Suppliers | 440/4 | €10,536 | €7,086 | -€3,450 | -32.7% |
| Taxes, remuneration and social security | 45 | €15,355 | €8,612 | -€6,743 | -43.9% |
| Taxes | 450/3 | €15,355 | €8,612 | -€6,743 | -43.9% |
| Other amounts payable | 47/48 | €833 | €5,833 | +€5,000 | +600% |
| Accrued charges and deferred income | 492/3 | €1,151 | €278 | -€872 | -75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,910 | €4,364 | +€453 | +11.6% |
| Other operating charges | 640/8 | €1,887 | €886 | -€1,001 | -53.0% |
| Gross operating margin | 9900 | €22,137 | €5,570 | -€16,567 | -74.8% |
| Operating profit (loss) | 9901 | €16,340 | €321 | -€16,019 | -98.0% |
| Financial income | 75/76B | €1,073 | €1,882 | +€808 | +75.3% |
| Recurring financial income | 75 | €1,073 | €1,882 | +€808 | +75.3% |
| Financial charges | 65/66B | €1,062 | €719 | -€343 | -32.3% |
| Recurring financial charges | 65 | €1,062 | €719 | -€343 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €16,352 | €1,484 | -€14,868 | -90.9% |
| Income taxes | 67/77 | €4,691 | €1,502 | -€3,189 | -68.0% |
| Profit (loss) for the period | 9904 | €11,661 | -€18 | -€11,679 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,661 | -€18 | -€11,679 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.